The Fair Share Report

16 Millbrook Rd

Harding, NJ 07976

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $817,300

Likely range $748,840 – $996,486, from 12 comparable Harding sales in the past 18 months, at this home's 1,937 sq ft.

Step 2 · The Director's Ratio

74.57%

The state's official measure of how far Harding assessments sit below market value — republished every October, applied town-wide. A $817,300 home should be assessed near $609,461.

Step 3 · Assessed value

$499,600

Set at the last town-wide revaluation and mostly frozen since. That's $109,861 below what the ratio math suggests (18.0%).

Step 4 · The tax rate — same for every Harding home

$1.234 per $100 assessed

$0.580 Schools · 47% $0.299 County · 24% $0.355 Town · 29%

Step 5 · The bill

$6,165/yr
Public schools$2,898
Morris County$1,494
Town of Harding$1,774
Harding average$15,976

This home vs. every recent Harding sale · assessed ÷ market

Town median 64.2%
This home · 61.1%

45%94%

Paying about right

This home's ratio lands inside Harding's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
24 LAKE TRAIL WEST2025-07$1,250,0002,10050.5%
175 SAND SPRING RD2025-05$1,175,0002,28457.5%
25 MILLBROOK RD2026-06$680,0001,39467.0%
44 PRIMROSE TRL2025-06$1,200,0002,84460.2%
15 GLEN ALPIN RD2025-06$775,0001,95873.2%
33 MILLBROOK RD2025-12$560,0001,39570.4%
31 VILLAGE RD2025-10$620,0001,22858.7%
26 BLACKWELL AVE2025-05$1,400,0002,20855.4%
474 MT KEMBLE AVE2025-06$820,0002,70467.5%
15 SYCAMORE LN2025-06$639,0001,80467.8%
42 BLUE MILL RD2025-08$590,0001,63291.6%
9 CYPRESS CIR2025-07$650,0001,94372.5%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →